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Property Detail

Fort Caroline Road
Prime development-ready site along Fort Caroline Road with full entitlements and site permits .
$1,800,000

Description

  • Prime development-ready site along Fort Caroline Road with full entitlements and site permits, poised for self-storage and retail improvements.
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  • Approved for up to 95,000 square feet of climatized, four-story self-storage and 5,200 square feet of retail in a thriving Jacksonville neighborhood.
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  • Near national retailers and Jacksonville University, with over $1.5 billion in consumer spending, this property offers strong commercial potential.
  • Available for outright purchase or joint venture, offering flexibility for investors looking to capitalize on this prime development-ready site.
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  • Key infrastructure, including drainage, sewer, water, site electric, a lift station, and 50% paving completed, ensures a swift development timeline.

Executive Summary

Uncover an exceptional opportunity to acquire a partially improved, development-ready site along Fort Caroline Road in Jacksonville. This property provides fully approved entitlements and site development permits, making it ideal for a joint venture opportunity or for a discerning investor/developer looking to bring a premier self-storage and retail project to life. Envision up to 95,000 square feet of climatized, four-story self-storage, along with 5,200 square feet of retail space, serving the growing needs of this established neighborhood with its mix of single-family and multifamily developments.

With an investment of $500,000 to $750,000 in site improvements already in place, this property anticipates a swift development timeline. Essential infrastructure has been completed, including a comprehensive drainage system, lift station, sanitary sewer and water stub-ins, and entry driveway. Fire hydrants, site electricity, and 50% of required paving are also installed, creating an unparalleled head start on development in this high-traffic area with nearly 17,000 vehicles passing daily.

At a bustling, signalized intersection, this property is surrounded by prominent national retailers, including Dollar General, Walgreens, Winn-Dixie, and Bank of America, driving high consumer foot traffic to the area. With over $1.5 billion in total consumer spending within a 5-mile radius, the location is proven for robust commercial performance. Additionally, the property is only minutes from Jacksonville University, drawing over 4,200 students, and just 30 minutes from Jacksonville International Airport (JAX), ensuring easy accessibility for residents, commuters, and patrons. Don’t miss the opportunity to invest in one of Jacksonville’s most promising neighborhoods.

Shovel-Ready Self-Storage Development Site

Listing ID : 00757

SKU: 757

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Price History

DateEventPrice
December 10 2024Listed$1,800,000.00